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Thursday 18 September 2014

Wife claims husband hiding his wealth in bitter divorce battle

Published 16/01/2013 | 05:00

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A WIFE in a div- orce case has called for her husband be jailed, arguing he is still hiding his wealth five years on from their split.

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Scott Young claims he is estitute but has been living a lifestyle "consistent with considerable wealth", lawyers for his estranged wife Michelle claimed.

London's High Court was told that he had hidden "enormous assets" and was making "incredible" unfounded claims that he had been given over £300,000 (€370,000) to live on.

But Mr Young (51), who made a fortune as a fixer for British businessmen and Russian oligarchs, hit back, claiming his ex was spying on him and making him ill.

The hearing was the latest stage in a bitter divorce battle which has been raging since 2006. The property developer was worth £400m when they split and had given his wife "absolutely no explanation" about where that money had gone, it is alleged.

Mr Young claims he is now penniless after a large Moscow real estate deal collapsed.

The couple, who live in London and have two daughters, met face to face in court again yesterday as it was argued that he had ignored court orders.

Two years ago he was ordered to pay £27,500 a month in maintenance and she claims he has flouted the judge's rulings.

The claims are due to be fully argued at a trial late this year. (©Daily Telegraph, London)

Irish Independent

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